The privileged place coal has occupied in power generation for over a century has entrenched complex barriers—from the way that grids have been built to the incentive structures within electricity systems—that prevent markets from catching up to the economic trend toward clean energy. In the absence of solutions to address these barriers ...
The act provides for a competitive bidding process and a nominated authority for conducting the process of auction and allotment, executing the vesting and allotment orders for successful bidders ...
The Coal Mines (Special Provisions) Bill, 2014 was introduced in Lok Sabha on December 10, 2014 by the Minister of Coal, Mr. Piyush Goyal. ... private or joint venture company is eligible to bid. For the government allotment process, only government companies and companies that have been awarded power projects on the basis of competitive ...
6 coal blocks were in a process to start production out of which 5 coal blocks were cancelled. 2015 Bill. ... Even the reallotment procedure is done after thorough technical evaluation of both the states and the entities. Also, the usage of the coal blocks is well defined as per the rules laid down under captive coal mining. ...
In the coal allotment process held in March, Karnataka Power Corporation Limited (KPCL) was allotted a cluster of mines — Baranj I to IV, Kiloni Manora Deep in Maharashtra — while Punjab State Power Corporation (PSPC) got the Pachhwara Central mine in Jharkhand. These mines were allotted for power plants.
Even as the Coal Ministry considers allotting coal mines for various enduses, uncertainty prevails over the Garre Palma mine in ministry, in a notification dated Dec. 13, announced the allotment of as many as five coal blocks, stating that six coal mines were under consideration for allotment. "In the auction process, the successful bidders for all the mines except Gare ...
In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a release. On the basis of evaluation of applications received in the allotment process, six mines namely Durgapur II Taraimar/Durgapur II Sariya, Mandakini, Utkal C, Sugia Closed Mine and Tokisud North are under consideration for the allotment, the coal ministry said.
The Coal Ministry on Friday said it is considering allotment of six coal mines that have been marked for enduses like power, iron and steel and sale of coal. [ad_1]In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a Coal Ministry on Friday said it is considering ...
In 2010, the process of allotment of coal mines to private parties was changed and MMDRA was amended to end the adhoc allotment regime. It required GoI to allot coal mines through auction by competitive bidding to companies recognised for private participation in coal mining,, for captive use in iron and steel, power, washing of coal, etc
6. Allotment. (1) In respect of coal blocks, for which the Central Government has specified allotment to Government company or corporation under subclause (ii) of clause (b) of subrule (1) of rule 3, the Central Government shall prepare a document for the allotment process, that is, the allotment document.
Nor did it find evidence of any malafide association or quid pro quo between the accused company and bureaucrats and ministers involved in the allotment process. The coalblock allotment case came under the scanner in July 2012, when the auditor to the government came down heavily on the lack of processes and accountability in the allotment of ...
Page 5 of 49 "Applicant" shall mean a Government Company or corporation that participates in the Allotment process by submitting the Application for the Coal Mine. "Application" shall mean the application submitted by an Applicant pursuant to this Allotment Document on the electronic platform of MSTC and shall include the
Further, the competitive bidding process for auction of coal and lignite blocks will not apply to mines considered for allotment to: (i) a government company or its joint venture for own consumption, sale or any other specified purpose; and (ii) a company that has been awarded a power project on the basis of a competitive bid for tariff ...
In its 27page order cancelling the allocation of 214 coal blocks on Wednesday, a threejudge Bench headed by Chief Justice of India Lodha dismissed the argument by private miners ...
Allotment/ Vesting Orders have been issued for 77 coal mines. During the year 2018, 3 coal mines have been allotted to Coal India Ltd. These are Bijahan, East of Damogoria and Utkal A. The auction process of 18 Coal mines and allotment process of 8 coal mines have been initiated.
The Coal Mines (Special Provisions) Bill, 2014 was introduced in Lok Sabha on December 10, 2014 by the Minister of Coal, Mr. Piyush Goyal. ... private or joint venture company is eligible to bid. For the government allotment process, only government companies and companies that have been awarded power projects on the basis of competitive ...
The Coal Mines (Special Provisions) Amendment Rules, 2015 published vide the Gazette of India dated March 18, 2015, inserted a new subrule SubRule 10 under Rule 11, after subrule 6 of the Coal Mines Rules 2014 to provide the Central Government the power to relax the provisions of Rule 11 for allotment of coal mines, in public interest ...
Allotment/ Vesting Orders have been issued for 77 coal mines. During the year 2018, 3 coal mines have been allotted to Coal India Ltd. These are Bijahan, East of Damogoria and Utkal A. The auction process of 18 Coal mines and allotment process of 8 coal mines have been initiated.
3. Allotment Process Allotment Document The Notice Inviting Application (the "NIA"), notification No. 13016/9/2014‐CA‐III dated Dec 26, 2014 of Ministry of Coal, the Allotment Agreement for the Coal Mine and the Mine Dossier shall be deemed to be a part of this Allotment Document. Subject to the provisions of Clause
110 coal blocks were earmarked with specific enduse for auction and allotment. The process of e auction commenced with the publication of Notice Inviting Tenders (NIT) on for 23 ...
Coal India (CIL), India's largest coal producing company, has raised Rs 15,200 crore through its IPO at the issue price of Rs 245 a share, at higher end of the price band of Rs 225—245 ...
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